China slowdown won't hit Japanese exports, says BOJ chief

Mr Kuroda after his speech at the Japan Society in New York on Wednesday. He said that falling oil prices would not stop the BOJ from hitting its inflation target.

PHOTO: REUTERS

Tokyo

DEFYING the pessimism and near- panic gripping stock and currency markets in recent days, Bank of Japan (BOJ) governor Haruhiko Kuroda has claimed that China's economy can maintain 6 to 7 per cent annual growth, and that the slowdown in the world's second largest economy is unlikely